Retirement plan

CALIFORNIA BOILER INC 401 K PROFIT SHARING PLAN TRUST

Name: SOUTHERN CALIFORNIA BOILER INC - CALIFORNIA BOILER INC 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: SOUTHERN CALIFORNIA BOILER INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA BOILER INC 401 K PROFIT SHARING PLAN TRUST, SOUTHERN CALIFORNIA BOILER INC

SOUTHERN CALIFORNIA BOILER INCEIN 33-0063456Plan #002PY 2016

5331 BUSINESS DR - HUNTINGTON BEACH, CA 92649714-891-0701californiaboiler.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#004Retirement-$5.3M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$3.8M

+12.4% from 2015

Total participants

116

+18.4% from 2015

Average account balance

$38,689

-10.5% from 2015

Annual return

5.31%

+6.59 pp from 2015

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.00M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$73K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

55.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$416K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.58%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$6094

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$29K

$298 / participant

Other / not subdivided$29K100.0%

% of EOY assets

0.763%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,689

$56,894-32.0%

$84,753-54.4%

$62,881-38.5%

Participation rate

81.4%

68.5%+12.9pp

76.6%+4.9pp

69.3%+12.1pp

Annual return

5.31%

6.30%-1.0pp

22.78%-17.5pp

20.14%-14.8pp

Employer contribution / active EE

$2,400-100.0%

$3,574-100.0%

$2,281-100.0%

Participant deferral / active EE

$2,752

$2,709+1.6%

$3,712-25.9%

$3,203-14.1%

Admin fee / account holder

$295

$3,581-91.8%

$5,333-94.5%

$4,296-93.1%

CALIFORNIA BOILER INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA BOILER INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion